Multiyear outsourcing for Spanish subsidiary of leading global bank

Inner Pagenavigation

Financial institutions are seeing increased cost savings from outsourcing systems that enable the bank to run more efficiently. These savings can fuel investments in other areas, especially digital transformation initiatives. For this major global bank, GFT outsourced the full IT services department to our nearshore facilities in Spain. Through the ongoing maintenance and development of the entire application landscape, we leveraged synergies, achieving major cost reductions and efficiency improvements.

The challenge

Full IT services outsourcing involving 250+ applications

Full outsourcing of all IT services

Transfer of the operational IT unit

Application maintenance and development for all core banking components